Effective 5/10/2016 49-17-501. Death benefit for members before retirement — Computation. (1) Upon the receipt of acceptable proof of death of a member before the member’s retirement date, the member’s surviving spouse shall have the choice of the following death benefits: (a) a refund of the member’s member contributions, including refund interest, plus 65% of […]
Effective 5/10/2016 49-17-502. Benefits payable upon death of retired member. (1) (a) The death benefit payable to a retiree’s surviving spouse is an allowance equal to 65% of the allowance which was being paid to the retiree at the time of death. (b) The effective date of the accrual of this allowance is the first […]
Effective 5/10/2016 49-17-503. Surviving spouse includes certain former spouses — Benefit calculation for former spouse. (1) The benefit calculation for a surviving spouse with a valid domestic relations order benefits on file with the office before the member’s death date in accordance with Section 49-11-612 is calculated according to the manner in which the court […]
